Property Valuations for Financial Reporting and Audit Purposes in Ireland
BV Real Estate provides independent and accurate property valuations for companies that require up to date values for financial statements, corporate accounts and statutory audits. Our valuation team supports finance directors, accountants and auditors with clear and compliant reporting for year end accounting, asset reviews and corporate governance requirements.
Expert Valuers for Corporate, Industrial, Retail and Investment Assets
Property valuations for financial reporting require a high level of accuracy, transparency and compliance with accounting standards. BV Real Estate specialises in valuations for company owned assets including offices, warehouses, retail units, development land, industrial buildings, trading properties and commercial investments.
Our valuations support compliance with Irish GAAP, IFRS, FRS 102, company law and audit requirements.
Why Companies Choose BV Real Estate for Financial Statement Valuations
Independent and Compliant Valuation Reports
Our reports are prepared to the highest professional standards including recognised Blue Book standards and are accepted by auditors, financial controllers and corporate advisors.
Support for IFRS, Irish GAAP and FRS 102 Requirements
We prepare valuations for fair value reporting, asset remeasurement, impairment reviews, balance sheet updates and investment property valuations.
Experienced in Commercial and Corporate Asset Classes
We value a wide range of company owned assets including
- Office buildings
- Warehouses and logistics units
- Retail units and shopping centres
- Hotels and hospitality assets
- Nursing homes
- Manufacturing facilities
- Development land
- Mixed use buildings
- Investment portfolios
Valuations Suitable for Audit Review
Our valuation reports include full methodology, assumptions, comparable evidence and market commentary that are required for audit verification.
Fast and Professional Turnaround
Year end deadlines can be tight. We prioritise financial reporting valuations to support timely submission of company accounts.
Nationwide Corporate Coverage
Our valuation team operates across the island of Ireland and can handle both single properties and large corporate portfolios.
Our Financial Reporting Valuation Process
Step One Consultation
We discuss the accounting purpose of the valuation such as year end reporting, asset review, impairment testing or investment remeasurement.
Step Two Information and Scope
We gather relevant documents including tenancy schedules, financial data, plans, leases, trading information or historic valuations.
Step Three Inspection
A qualified commercial valuer carries out a full inspection of the company owned property or portfolio.
Step Four Valuation Methods and Analysis
Depending on the asset type we apply
- Investment method
- Comparable method
- Profit method for trading assets
- Residual method for development property
- Depreciated replacement cost where appropriate
Step Five Report Issued
A detailed, compliant valuation report is prepared for inclusion in the financial statements and for audit review.
Step Six Ongoing Support
We provide clarification to finance teams, accountants and auditors as part of the year end audit process.
When a Company May Require a Valuation for Accounts
- Year end financial statements
- Auditor requests or statutory audit reviews
- Fair value reporting under IFRS
- Investment property valuations under FRS 102
- Impairment testing
- Acquisition or disposal of assets
- Internal asset reviews for directors
- Restructuring or refinancing
- Balance sheet remeasurement
- Valuations for group accounts or consolidation
- Shareholder reporting and governance
Frequently Asked Questions about Valuations for Financial Statements
Are these valuations accepted by auditors
Yes. Our reports are prepared to recognised standards and include full supporting evidence required for audit verification.
Do you value complex commercial assets for accounting purposes
Yes. We regularly value trading assets, investment property, industrial facilities and mixed use portfolios.
Which accounting standards do your valuations support
We prepare valuations suitable for IFRS, Irish GAAP, FRS 102 and all recognised financial reporting frameworks.
Do you provide valuations for impairment testing
Yes. We complete valuations for impairment reviews where a company must test the recoverable value of a property asset.
Do you cover all of Ireland
Yes. BV Real Estate carries out corporate valuations nationwide.
Request a Valuation for Financial Reporting or Audit Purposes
BV Real Estate provides accurate, independent and audit ready valuations for company financial statements, year end reporting and asset reviews. Our corporate valuation specialists support finance teams, auditors and directors nationwide.
Contact our valuation team today for a confidential consultation.
